Northern Data Group launches AI Accelerator to Power the World's Most
Innovative Ideas

EQS-News: Northern Data AG / Key word(s): Miscellaneous
Northern Data Group launches AI Accelerator to Power the World's Most
Innovative Ideas

03.06.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE / IR NEWS

Northern Data Group launches AI Accelerator to Power the World's Most
Innovative Ideas

  * AI Accelerator offers startups complimentary access to NVIDIA H100
    Tensor Core GPUs, powered by 100% carbon-free energy

  * Mentoring and workshops for selected startups with industry leaders,
    including NVIDIA, Hewlett Packard Enterprise (HPE) and Supermicro

  * Underpins Northern Data Group's vision to democratize access to
    sustainable AI technology

Frankfurt/Main - 3 June 2024 - Northern Data Group (Ticker symbol German
stock market: NB2, ISIN: DE000A0SMU87), a leading provider of
High-Performance Computing (HPC) solutions, today announces the launch of
its inaugural AI Accelerator, designed to fast-track AI innovation and bring
the world's best ideas to life. Selected startups will be able to rapidly
establish or scale a proof of concept for their AI concepts.

Selected startups will receive complimentary access to ultra-fast NVIDIA HGX
H100 GPU servers connected with NVIDIA Quantum-2 InfiniBand networking. This
will allow them to harness state-of-the-art AI solutions to incorporate
cutting-edge fine-tuning, quantization, and retrieval-augmented generation
techniques; powered by 100% carbon-free energy and supported by expert
engineers from Northern Data Group.

The AI Accelerator will also offer access to mentoring sessions from
Northern Data Group's leadership and representatives from industry leaders
and partners including HPE and Supermicro. Additionally, those selected will
have dedicated access to NVIDIA's Deep Learning Institute program, sessions
focusing on ESG in AI from Deloitte and workshops on how to navigate the
investor landscape from a top investment bank.

Northern Data Group operates Europe's largest and cleanest GenAI Cloud
Service Provider (CSP), Taiga Cloud, and was among the first in Europe to
deploy NVIDIA H100 Tensor Core GPUs. With the launch of its AI Accelerator,
Northern Data Group is opening up its HPC solutions, ensuring innovation is
not limited to those with large purchasing power and dominance in the
Technology sector. Democratizing access to AI-capable HPC solutions is key
to unlocking innovation.

Northern Data Group encourages applications from innovative AI and
ML-focused companies looking to accelerate their AI proof of concept or
scale up a product. Applications are welcome from all sectors, with the
review panel looking to progress concepts that have the potential to scale
quickly and make the most impact on the future of the AI sector.
Applications will be reviewed by a panel of industry leaders.

Aroosh Thillainathan, Founder and CEO, Northern Data Group, commented:

"We're excited to be launching our AI Accelerator, which supports startups
at the forefront of AI-driven innovation globally. Innovation Bravery is a
core value for Northern Data Group, and I am proud to be supporting other
entrepreneurs and innovators who are pushing the boundaries of what AI can
deliver. Democratizing access to AI technology is hugely important to ensure
that organizations of all sizes have the opportunity to propel forward
innovative ideas into practical proof of concepts and applications. These
advancements can, in turn, significantly impact the future of our industry
and beyond."

Suresh Babu, SVP & GM, HPC & AI GTM, HPE, commented:

"HPE is proud to deepen our partnership with Northern Data Group, which
includes delivering HPE Cray XD solutions to bolster AI innovation, to
support the launch of its inaugural AI Accelerator. We look forward to
mentoring future AI leaders to fast-track their innovation and experience
what's possible with access to HPC power."

Dr. Kunbin Hong, General Manager of Solutions EMEA at Supermicro, commented:

"Northern Data Group's AI Accelerator brings together a hugely impactful
collection of businesses from across the AI ecosystem, and our team at
Supermicro is delighted to be a part of it. We'll be joining the panel of
respected industry leaders to review applications and offer mentoring
sessions for those selected. Unlocking opportunities for startups to explore
the full potential of AI is critical for the future of our industry, and the
AI Accelerator is a reflection of this in action."

To find out more, or to apply for Northern Data Group's AI Accelerator,
please visit the website here: https://northerndata.de/ai-accelerator.
Applications will be open until 28 July 2024, 23:59 CEST.

About Northern Data Group:

Northern Data Group (ETR: NB2) is a leading provider of High-Performance
Computing (HPC) solutions to businesses and research institutions, utilizing
GPU- and ASIC-based solutions. Our flexible compute power fuels innovation
in our three core business divisions: Taiga Cloud, Ardent Data Centers, and
Peak Mining. Through our HPC solutions, we pioneer ambitious computing
innovation that drives progress in the AI, ML and Generative AI industries.
Our close collaboration with industry-leading manufacturers including
Gigabyte, AMD, and NVIDIA is fundamental to the acceleration of innovation
across sectors including life sciences, financial services, and energy.

Investor Relations:

Jens-Philipp Briemle
Head of Investor Relations
An der Welle 3
60322 Frankfurt am Main
E-Mail: jens-philipp.briemle@northerndata.de
Telefon: +49 171 557 6989

Media enquiries:

Hawthorn Advisors
Email: northerndata@hawthornadvisors.com


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03.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Northern Data AG
                   An der Welle 3
                   60322 Frankfurt/Main
                   Germany
   Phone:          +49 69 34 87 52 25
   E-mail:         info@northerndata.de
   Internet:       www.northerndata.de
   ISIN:           DE000A0SMU87
   WKN:            A0SMU8
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Hanover, Munich (m:access),
                   Stuttgart, Tradegate Exchange
   EQS News ID:    1915757

End of News EQS News Service
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1915757 03.06.2024 CET/CEST